Investor's Edge with Gary Kaltbaum - Mixed bag of slop [12.16.2025]

Episode Date: December 16, 2025

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Starting point is 00:00:26 That's Tommyjohn.com, CodeCompert. Tommy John. Comfort perfected. Investor's Edge with Gary Coltbaum. Straight talk about you and your money. Now from the BizTalk Studios, here is Gary Cultbaum. And welcome once again to Investors Edge. I'm Gary Coltbaum, your host. A thanks of being with us today.
Starting point is 00:00:48 Glad you're here, ladies and gentlemen, happy that you are listening. It's the 16th December, 2025. Hope you are having a good day. as you know, serious talk on everything that affects you. We'll do the markets, the economy, your job, your industry, the Morlocks in D.C. And all the crap that comes out of them. And anything else we think matters to you, our future, and all that. If you do not get this radio show in your city, we'll post it at garyk.com.
Starting point is 00:01:29 We'll also post it on our X feed. If you don't follow us on X, you should. You just put our name in. We'll also post it on the YouTube channel of BizTV as well as other podcast apps. If you'd like to email me, just be nice. And by the way, everybody's been nice. I've gotten one nasty in months, some jackass, who couldn't argue anything I had to say. And it's okay.
Starting point is 00:02:06 You know what I'd say to everybody? Is it okay to disagree? And I think everybody gets it at this point. It is. As long as you don't like Hamas. Fair enough. We do have a bunch to cover today. I'm going to tell you that the Dow is down 302.
Starting point is 00:02:25 But the S&P was only down 16 because the NASDAQ was up 54 and the NASDAQ 100 was up 65. I'll tell you why in a little bit. Well, I can just say up front, revenge is some of the big names helped out today. We'll get into that. But there are a few other things of note that I do want to cover, and that is of import. So I pulled out some notes. And these are notes for the future. of what may or may not happen.
Starting point is 00:03:07 And I'm going to start with Oracle, because I watch what you watch. I watch what you. I'm on TV with people, and I get a feel. I believe I get a good feel for the masses and stuff. And as you know, the biggest noise on Wall Street is artificial intelligence.
Starting point is 00:03:37 And what we think we do very well here is ask questions. Not of anybody, but I just ask questions out loud. Because we've been told, and to this day, I heard a few people out there today, artificial intelligence is going to be,
Starting point is 00:04:06 and you can imagine how bullish they are. They're hugely bullish. And for the record, We hope they're right. We hope they're right. No, really, we hope they're right. Just because we are skeptics does not mean we don't hope they're right. We want markets to go up.
Starting point is 00:04:34 We'd love to see the artificial intelligence stocks go to the moon. But we ask questions. The first question, and it really is an easy, simple question, ask. If things are so good, and Oracle back in September announced a backlog of a half a billion dollars, a half a trillion dollars, I'm sorry. By the way, I'm not kidding. If things are so good and Oracle's announced, get the latest, has 248 billion of AI cloud data center lease commitments This is up from $150 billion, from the 99 billion in commitments report at the end of August. If things are so good, why is the stock gone from 346 to 187?
Starting point is 00:05:39 If things are so good, why are their credit default swap skyrocketing to levels not seen since 2008? Oh, because free cash flow has been collapsing. If things are so good, by the way, we're talking markets here, why are bondholders now sitting on a 9% unrealized loss on $18 billion of debt issued just this September? With the bonds now falling to junk rating. You see, if you all have listened to me and listened carefully, we think the markets are really smart and we've proven it to you. Do you remember when we were the only ones on Wall Street cursing out Jay Powell when he was printing money?
Starting point is 00:06:37 And when he stopped printing money, do you remember it was us that are saying? Oh, look at the 10-year yield go. They're no longer printing money, so they're not buying the bonds with fake money and forcing rates down. The real free market is taken over, and it's an uh-oh moment. It's caused the bare market. It caused the inflation. And it caused J. Powell to play catch up. And all we did at the time was ask questions.
Starting point is 00:07:09 So our one question is Oracle. But it's not just Oracle. Why is Microsoft so darn weak? And they told us it's purely artificial intelligence. Why did Broadcom just crash in the past three days, two days from 405? to 340 on their earnings report. Why is super micro down 50%? Why has Corweaves bonds been blasted
Starting point is 00:07:42 and the stocks gone from 187 to 69.5? While they're out there telling you you must own. So I don't know what Cretto, VRT, the data centers just got blasted for 20%. So instead of listening to people's opinions who are very often late in the game and it's proven to be, we have to listen to what the markets tell us
Starting point is 00:08:20 because markets are genius. Not all the time. And you know what the big standout was, right? Those that have listened to this show going all the way back, to 07. Do you remember what happened during that year leading up to 08 and the devastation in the financials?
Starting point is 00:08:40 We're on this show every day saying the financials are really underperforming. The Dow just went up a thousand points and the financials didn't even budge. Oh, the Dow just dropped a thousand points and the financials led down. Something is up with the banks and the financials. That's all we said. we had no idea what would happen. We didn't know Merrill Lynch and Countrywide and all this company's out of business. We didn't know.
Starting point is 00:09:14 But the market sure did. You go back to that year, you will see the market caved and the banks led down. And then the market rallied up a thousand and the banks didn't budge. And as soon as the market top, the banks caved again. and then when all was said and done, Bear Stearns, Merrill, Lehman, Countrywide, Wachovia, was Washington Mutual also? The market knew it.
Starting point is 00:09:43 The market showed the way. Way in advance, while everybody's saying, don't worry. And everybody, everybody is saying don't worry about artificial intelligence, while the market's saying otherwise. Oh, by the way, Nvidia remains on the ledge. Still hanging in there. Only down about, let's see, from the highs, 212 to 178. 2234, what is that, about, that's not bad, 2234, 16%.
Starting point is 00:10:23 That's no big deal. That's a correction. It better hold. So anyway, just letting you know, while everybody is sanguine, the market. And by the way, I haven't mentioned advanced micro devices. Arm holdings.
Starting point is 00:10:43 These are all artificial intelligence names. Taiwan semis trade, not bad, but trading below the 50 day. We were told. So we just want to start with that because I'm getting more information in about the bonds, which by the way,
Starting point is 00:11:03 pretty much matter more than the stocks. Up next, lots for you. Listen up. I'm Gary. This is the one only Investors Edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors' money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed.
Starting point is 00:11:49 We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs, all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, we'll carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complementary portfolio review. The number to call is 888-4-22-559.
Starting point is 00:12:19 That's 8-8-48-4-22-5-9. That's 888422-5-5-9. Investment Advisory Services offered through Colbomb Capital Management. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John Underwear is designed for a perfect fit that stays put all day. Their zero-chafe thanks to four times more stretch than competing brands, and their innovative horizontal quick-drop fly is a game-changer.
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Starting point is 00:13:35 for details. This episode is brought to you by Sprecker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Spreaker distributes it everywhere people listen. Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing.
Starting point is 00:14:09 Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com. Sprinker, because if you're going to talk to yourself for an hour, you might as well publish it. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last bastion of quality programming.
Starting point is 00:14:40 With Gary Coltbaum. It doesn't get better than this. So let me give you one more in my little bag of tricks. Anybody heard of a company called Fermi F-E-R-M-I symbol F-R-M-I
Starting point is 00:15:05 So in case you don't know it came public in October At $21 Opened at around 30 The next day hit 37 Not making this up At $37 You know
Starting point is 00:15:29 I actually have to take out my calculator just to give you an exact number. 37 times 614. At the highs, the day after it opened, had a $22.7 billion market cap. Let me repeat that. If you bought the stock, the second day had a 22.7 billion market cap, at the IP. P.O. Times. They brought it out at almost a $13 billion market cap.
Starting point is 00:16:19 They have no sales. Wall Street hates you. Do not forget that. They brought out an initial public offering at a $13 billion market cap. At the initial public offering, you were paying $13 billion for a company with no sales. What I say, it hit $37. It was a $21 IPO. It's $9.69 and still has almost a $6 billion market cap with no sales. Did I tell you that I guess they're going to develop data centers or something?
Starting point is 00:17:09 Oh, they lost their first tenant for their massive Texas data center. And the stock dropped big that day. By the way, we're not ripping on the company. We're ripping on Wall Street. They hate you. It's like the Republicans and the Democrats hate you. It's like the governor of California hates his citizens. Have you seen what gas is in California, by the way?
Starting point is 00:17:39 Just off the beaten path for a second. They hate their citizens, yet the citizens keep voting for those same people. They're insane. So just letting you know, they have something called the Project Matator sites, this, this, and this, and it's still got a $6 billion market cap. We'll see how it plays out. But all I can tell you is, all evidence in so far, the market's worried. Let me put it better.
Starting point is 00:18:28 The market is really worried. we hope you listen to us. Do you know we had Oracle? And we played it by the book. I think we sold it 303. And I think we made a buck. It's 188. And I would have never believed that suckered be 188. I would have never believed it. Let's continue. I have a very important sector to point out. to you recently, oh, there's a few oils that are strong, but we're not touching the oils because there's too many in bad shape. Will this leave them be? Well, we're just letting you know the oil ETFs rolled over badly today, which is good news
Starting point is 00:19:24 at the pump. Oil prices down another buck 66 today, down to 50. I mean, just down, way down. Oil prices breaking down here. This is great news at the pump. except if you own oil stocks. So when you have a chance, go look at the OIH, try to break out, failed miserably rolling over,
Starting point is 00:19:44 and that's the strongest of the ETFs. The XOPs are goner and the big oil XLEs are gone, so just letting you know, avoid the oils. And we had an avoid on it anyhow, but doubly avoid. How's that? Doubly avoid the oils. But again, very good news at the point.
Starting point is 00:20:08 And we think, good guess, we're hearing that Russia and Ukraine are going to come up with something. We don't know if it's going to happen or not, but they're leaking. You know, they're very good at leaking. So they're kind of sort of leaking right now that they're close to something. And the thought process is that Russia has sanctions against them on their oil. and if the removal of sanctions, they can sell oil big time again. You put more oil onto the market. That lowers prices.
Starting point is 00:20:48 Boom, boom, boom, boom. I don't think it has anything to do with the economy, though the jobs numbers came out. They suck. The apologists for the president, even they couldn't spin it. We're letting you know you have some sort of a, I don't know if I called a job recession,
Starting point is 00:21:10 but job weakness. Does it have to do with artificial intelligence? Maybe I don't know. It's just weak. Here's a good guess, though. What did we tell you for months here daily on this show? What did we tell you about the tariffs and not just the tariffs, but the ever-changing of the tariffs?
Starting point is 00:21:36 on number, on product, on country, kept changing and changing and changing. And due to the fact it's our companies pay that tariff, yes, they lied to us, he lied to us. Due to the fact, it's our companies, how the hell can they plan or even higher when they don't know what their expenses are going to be? I got to this day I'm not sure what tariffs there are and I have to tell you when I put it and when I search what tariffs are out there I notice a bunch of it is aged
Starting point is 00:22:14 so I don't even know but imagine if you let's see you buy a lot of chotchkes from China snow globes imagine and all of a sudden there's a 50%
Starting point is 00:22:36 tariff on it so instead of you paying 10 bucks for one you're paying 15 and there goes your profits you're gonna hire people hell no so this there were tariffs I don't know what's still out there but I'm sure I'm sure there by the way I still think there's 10 and 15% tariffs on almost everything that's a good not even a reach up next what else we got for you lots to cover This is the one only investor's edge. Guys, it's no use putting it off. The best time for an underwear refresh is now. Tommy John underwear is designed for a perfect fit that stays put all day.
Starting point is 00:23:38 Their zero-chafe thanks to four times more stretch than competing brands. And their innovative horizontal quick-draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with code comfort. That's Tommyjohn.com code comfort. Tommy John. Comfort perfected.
Starting point is 00:24:00 This message is brought to you by the Capital One VentureX card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect. Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital One.com for details.
Starting point is 00:24:31 This episode is brought to you by Spreaker. The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, Upload it once, and Spreaker distributes it everywhere people listen. Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might someday pay for, well, more microphones. Start your show today at spreeker.com.
Starting point is 00:25:14 Sprinker, because if you're going to talk to yourself for an hour, you might as well publish it. You're listening to. America is talking. Investors Edge He's got to be pleased with that The crowd is just on his feet here He's a Cinderella boy With Gary Colbomb
Starting point is 00:25:36 It comes highly recommended You're gonna feel better if you talk to him By the way I must circle back I forgot to even mention that Microsoft cut their sales targets For what is known as
Starting point is 00:26:01 Agenic AI software by up to 50% after struggling to find buyers. So who the hell knows? Did I also mention that AI hyperscalers have issued more debt over the last three months than over the previous three years and actually a lot more? So there's a lot of crap going on out there that... And again, we want it to work out. but I got to tell you, and we've said this since day one,
Starting point is 00:26:39 the numbers being projected are just obscene, which takes me to something else. You know my buddy Charles Payne? I appear on the show very often. First off, I know him personally. What a good man. What a good man. And let me tell you another part.
Starting point is 00:27:05 When you host shows and you have to interview people and you were interviewing people. I've seen interviews of people in the political world and the financial world and stuff like that. I don't know how they're able to hold their tongue and keep their emotions in check sometimes with some of the things that are said. So I'm watching my buddy Charles Payne show today,
Starting point is 00:27:32 and what I love about him is he very much believes in putting it out there. He has all kinds of people on the show. I love that. I like hearing from all kinds. So he had a guy on today who said in 15 years Bitcoin is going to be
Starting point is 00:27:57 $50 million, not $15,50, $5.0. I believe he said Ethereum in 15 years would be $1.5 million. Ethereum price is $2,900. My good friend Charles Payne, when he said that, I'm wondering what's going through his mind. Because at 50 million, I'm pretty sure if you add it up or multiply, 50 million Bitcoin would be the total market cap or GDP of every country on Earth.
Starting point is 00:28:47 I'm pretty sure I'm in the ballpark. I have to tell you if I was doing that interview and somebody said 50 million, I don't know how I would be able to hold back. I think I would be, what in blue hell are you talking about? But hosts need to be respectful. And I get that. So more power to my buddy. But anyway, and I don't know who the guy is and I'm not here to rip on him or anything.
Starting point is 00:29:21 If it goes to 50 million, psh. But just remember there's this other guy on the other channel. I keep getting videos from you guys. You keep sending me this guy and I'm not naming them. But last month he said Bitcoin would be $150,000 at the end of the year. And this is when it was at $100,000, 50%, but then he changed it to $200,000. So he said Bitcoin would go up 100% in a month and change. Then he changed it to end of January.
Starting point is 00:29:51 And of course, now we've dropped from $120. You get the point. I am no fan of outrageous predictions. I'm really not. You know the only outrageous prediction I've ever seen come true? Is at the top or near the top. And I don't remember who in Barron's, a technology guy came out and said that Cisco Systems,
Starting point is 00:30:22 when it was the hottest thing going, was going to drop 80%. And he was right. by the way, I laughed at them at the time. Anyway, be careful. We're also very careful of the crash people. You know, you know who they are. They put out books and they say they called it right every time and they didn't.
Starting point is 00:30:48 The crash people. And by the way, one of the crash people said Bitcoin would be $350,000 at the end of this year. Again, we're not going to mention names. We're not out to personalize this. We're just here because we like you. And we want to make sure that when people come out with outrageous predictions, they're usually selling something. Newsletters and books and all that crap.
Starting point is 00:31:20 And it's incumbent upon you. Just be smart. Just be smart. I mentioned oil, Bitcoin bounced a little today. Semis were weak. Advanced declines on New York, 17 to 27 on the NASDAQ 20 to 25. Here's interesting. New Yearly highs, new yearly lows on the New York, the same.
Starting point is 00:31:46 And the NASDAQ, I've got 94 new yearly highs, 225 new yearly lows. And I must tell you, out of those 94 on the NASDAQ, There's not 94. There's a bunch of non-operating companies, I can promise you that. So internal's not great, but good day for the bigs on the NASDAQ. Let's see, New Yearly highs on the NASDAQ. Yeah, you got a bunch that finished down so they didn't finish good. Oh, you know, my bad.
Starting point is 00:32:20 You got a bunch of very small regional banks. They all finish down today. They all finish down. Most of them. But still a few small regional banks, New Yearly highs on the NASDAQ today. Yeah, look at that. And that's a little bit of our story.
Starting point is 00:32:46 We're hearing the president's going to have an oval office speech tomorrow at 8 p.m. They are teasing it. They are not saying what it's about. and then I believe what's her name Levitt the press secretary who I love
Starting point is 00:33:02 forget what she her handling of the press and I'm not talking about the big substance because her job is to tell you what the president says I think she's fantastic at what she does
Starting point is 00:33:21 anyway she teased something about economics I am in her hopes, it's not gifts. Hey, we're going to give you $2,000 bucks each. I'm in hopes. That's not what it is. I'm in hopes.
Starting point is 00:33:37 Listen carefully. No more the over-promising. I don't want to hear the words golden age anymore because if you don't get a golden age, I don't want to hear affordability's a hoax which has been said.
Starting point is 00:33:55 If that doesn't lose votes, I don't know what does. What I'm in hope is they've listened. to this show. We're going to keep taxes low. We're going to get rid of onerous regulations. We're going to have the border continue to be secure. We're going to fight crime. And we're going to get the hell out of your way. That's what I'm hoping for. Of course, that's not what we're going to get. The president loves being involved in many ways, which does not thrill us. Nothing personal. That would go for any president.
Starting point is 00:34:33 It would go for any president. Any president. And we just came off the worst president in history. The worst. Yeah, I guess you could have been worse than Biden. But what he did with the border, he should have been impeached for that. To this day, we don't know who's in this kind of.
Starting point is 00:35:03 country. Their vetting sucked and boy oh boy the costs. We're just trying to figure that out. So that'll be tomorrow night. I don't think it's the announcement of the Fed. I think it's going to be something more important than that. So that'll be tomorrow. Yippee, yay, yay. As I said at the outset, the job numbers came in. The revisions were even worse than the numbers. They go back month and it's a tough market for the jobs and that's why we've said to here make yourself indispensable at your companies if you work for somebody else you know what that means hey up next this that and the other thing or whatever else oh yeah for it that'll be up next this is the one only investors edge guys it's no
Starting point is 00:36:25 use putting it off the best time for an underwear refresh is now Tommy John underwear is designed for a perfect fit that stays put all day there's zero thanks to four times more stretch than competing brands and their innovative horizontal quick draw fly is a game changer. With over 30 million pairs sold, there are thousands of men out there more comfortable than you. Don't settle for less. Go to Tommyjohn.com today for 25% off your first order with code comfort. That's Tommyjohn.com code comfort. Tommy John, Comfort, perfected. This message is brought to you by the Capital One Venture X card. Venture X offers the premium benefits you expect, like a $300 annual Capital One travel credit for less than you expect.
Starting point is 00:37:07 Elevate your earn with unlimited double miles on every purchase, bringing you one step closer to your next dream destination. Plus, enjoy access to over 1,000 airport lounges worldwide. The Capital One Venture X card. What's in your wallet? Terms apply. Lounge access is subject to change. See Capital One.com for details. This episode is brought to you by Spreaker.
Starting point is 00:37:28 The platform responsible for a rapidly spreading condition known as podcast brain. Symptoms include buying microphones you don't need, explaining RSS feeds to confused relatives, and saying things like, sorry, I can't talk right now, I'm editing audio. If this sounds familiar, you're probably already a podcaster. The good news is Spreaker makes the whole process simple. You record your show, upload it once, and Sprinker distributes it everywhere people listen. Apple Podcasts, Spotify, and about a dozen apps your cousin swears are the next big thing. Even better, Spreaker helps you monetize your show with ads, meaning your podcast might
Starting point is 00:38:03 someday pay for, well, more microphones. Start your show today at spreeker.com. Spreaker, because if you're going to talk to yourself for an hour, you might as well publish it. You're listening to What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! In The Bester's Edge. With Gary Kalkba. Speaking of Joe Biden, I still remember when the worst president we've ever had said that when I think of climate change, I think of jobs. And as you know, they forced all these companies into electric vehicles. Have you seen the news on Ford today? a Ford is taking a charge of $19.5 billion. No longer plans to produce select larger electric vehicles
Starting point is 00:39:38 where the business case has eroded due to lower than expected demand. So let's go back on this. The President Biden and his administration forced these companies into making things that did not have the demand, guaranteeing massive losses by the companies, not by Joe Biden. 19.8 billion. On top of that, high costs and regulatory charges, they're going to take majority in the fourth quarter, the rest 26 and 27. And they're going to do more gas because that's what people like. What a concept.
Starting point is 00:40:31 Produce the products that people want and like. Don't produce the products that don't sell so you take a $19 billion right off. What a concept, huh? And of course, the media is complicit in defending this guy for all that time. Next, weed had another good day today. You know our drug prevention president that is shooting up boats that are bringing in drugs, that same president who pardoned the ex-president, I guess he was the president of Honduras, that was found guilty of trafficking 400 tons of cocaine. You know, that president that cares so much about drugs Now wants to make it easier to get weed, get more marijuana
Starting point is 00:41:46 Regardless that they're all being told how bad it is for you, Just letting you know, I must tell you, I wish I had the president's ear. First off, New York City is one big gigantic bang hit. You walk the city and all you do is smell weed. I don't care what anybody tells you. Marijuana is not good for you. And to continue to say, well, don't smoke tobacco and cigarettes.
Starting point is 00:42:20 Oh, but let's legalize marijuana. Help me with that. And I know there's other forms fabulous. I'm just big believer that anything that can change you. and your appearance and your demeanor and your movements, I don't think it's good news. You know who's celebrating? The people that make Kraft macaroni and cheese?
Starting point is 00:42:48 The people who make Doritos? Because the munchies are going to be a bull market going forward. So I completely disagree with this one. I bet there's plenty of out there that disagree with me, but that's okay. That's okay. That's okay. Anyway, just letting you know the marijuana stocks, which was strong, a gaped up big time.
Starting point is 00:43:13 Let's see, when was it? It was Friday. Little rough day yesterday. Today had a strong day. Really good moves. One of the indexes, let's see, four days ago closed at $26.82. It's $41.22 at the close at the close today. damn, I wish I owned it.
Starting point is 00:43:39 Unfortunately, I'm glad we haven't owned it for the last few years when we told you stay away, because that same index that closed at 41 today was 545 in 2019. Did I say 545? Yeah. And then you got some stocks like Aurora Cannabis. Do you know it hit a high of 1,500? $103. It's $5.53 today. How about, ooh, here's a good one. Canopy growth. What a name. Hit a high of $592.
Starting point is 00:44:22 It's $1.83 today. By the way, these are all after a strong move up the last few days. Do not forget how they touted you on these marijuana stocks. They were the end-all, be-all. and we said to you, well, if everybody is able to grow marijuana, how is it possible all these companies are going to do well? And if your Uncle Biff, who lives around the corner, will sell it to you for cheaper and he has the good stuff, much better than what's being sold at the stores, and you don't pay tax with the Uncle Biff, Who do you get your marijuana from? Food for thought, ladies and gentlemen. By the way, we were asking questions back then. Little did we know they dropped 90 to 95%.
Starting point is 00:45:21 Wait a minute. CGC, that's like 97%. Dang. Tough going. Anyway, there's still a good business for it. They got some of these places in New York City. Most illegal, but they don't do anything about it. And by the way, I still remember years ago, I was in Aspen, Colorado at night. We just watched a concert in a bar. We watched Sticks. It was in a bar doing a concert.
Starting point is 00:45:51 And we're walking out and the town is all dead and everything. And we turn the corner. But there was one place that had a line of like a hundred people. We're thinking it's Hagen-Doss or something. It was a marijuana place. Welcome to Aspen. Anyway, have a good evening. Drive careful. When you get home, do like we do. Quite simple. Make sure you hug your family and hug your children. They will feel better.
Starting point is 00:46:16 You will feel better. I promise. Stay well. Be well. Happy Hanukkah. Heading towards Christmas. Have a good night, all. Bye, bye.
Starting point is 00:46:25 This has been Investor's Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get in contact with Gary, go to garyk.com. That's GaryK.com. Guys, it's no use putting it off. The best time for a lot of. underwear refreshes now. Tommy John underwear is designed for a perfect fit that stays put all day. Their zero-chafe thanks to four times more stretch than competing brands, and their innovative horizontal quick-draw fly is a game changer. With over 30 million pairs sold, there are thousands
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